1. Any estimate of costs is stored on a Durable Medium and states
a. the name of the Client and the nature of the Transaction.
b. the basis on which fees for abortive work will be payable.
c. the proposed fees and other expenses (such as bank transfer fees) payable to Alfred Ledger & Sons (such fees and other expenses are deemed to be inclusive of VAT unless VAT is separately itemised.
d. a description of ,and costs ,of any disbursement likely to be incurred on the basis of the instructions received disbursements are deemed to be inclusive of VAT unless VAT is separately itemised. Where applicable Land Tax should be separately itemised.
e. in respect of paragraph c and d above UNLESS otherwise stated
e.i fees will be deemed to be inclusive of the costs of post, telephone calls, facsimile, communications and emails.
eii. Unless separately specified, the estimates of proposed fees payable to Alfred Ledger & Sons will be deemed to include fees for –
– representation of the Lender
– service of notice on a landlord or management company.
eiii. The client will be advised-where it is not possible to provide an estimate of fees and disbursements because the relevant information is not available.
2. If it becomes apparent that the total sum payable is likely to be exceeded or that the relevant information has become available, as soon as practicable, Alfred Ledger & Sons will
a. advise the client
b. provide the client with a written explanation on a Durable Medium.
3. any fees,expenses ,disbursements and VAT to be charged in respect of an abortive transaction are notified to the client on a Durable Medium as soon as these matters can reasonably be calculated whether or not an invoice is delivered at this time.